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1323 Greene Street

Silverton, CO 81433
  • $3,000,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 797722
UPDATED: 35 min ago
$3,000,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 6,431
    SQFT
  • $466
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1905
County:
Area:

School Ratings & Info

Listing courtesy of Silverton Realty, Inc.: 970-387-8808.


Description

World renowned and infamously famous Handlebars Saloon and its historic building located in the heart of downtown Silverton is available for sale for the first time! Walking through the front doors at Handlebars is like taking a step back in time as you're greeted with the friendliest staff this side of the Animas. The building was built in 1905 but fully remodeled in 2019 including full new roof and large solar farm on the roof that provides additional income. The building is 5000 square feet which includes a dining loft and full basement that are not included in that square footage count. Upstairs you'll find 4 comfortable studio apartments with full kitchens and shared laundry area, these are in high demand and rented year round to staff of the restaurant which operates May - Oct and then with Silverton Mountain Staff. Vacation rentals would be a use by right in this zoning as well. Next to the gorgeous stone building is a full vacant lot currently used for outdoor patio seating and staging, it is also zoned commercial and lodging (what we call Business pedestrian) so has HUGE opportunity for expansion including more lodging, more dining, retail, live / work .... this is the opportunity to live the Colorado Mountain Lifestyle dream offered at well below replacement cost, this opportunity is not to be missed! * 4 apartment units on the top floor * Restaurant space on the main and basement * Restaurant business, Handlebars Saloon, grossing on average over $1.27m annually each summer May - Oct * Solar farm on roof * A fully vacant side lot also zoned commercial currently used for outdoor seating but has so much potential in its own right! 2019 Full to the studs Rebuild includes: * Sprinkler system *2 large walk in coolers *1 large walk in freezer * 400 amp power * Solar farm on roof * In floor heating on first floor. * All FF&E included in sale, current owners open to train during transition, staff are dedicated and willing to stay. Silverton, CO is an IRS designated economic Opportunity Zone.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-10-04T15:56:47.78.
www.thehowegroup.co/homes/132515167
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1323 Greene Street Silverton, CO 81433

  • Price: $3,000,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 35 min ago
  • MLS #: 797722
0
Beds
4
Baths
0
½ Baths
0.11
Acres
6,431
SQFT
$466
$/SQFT
1905
Built
Neighborhood:
Silverton
County:
San Juan Co
Area:
Silverton
Property Description
World renowned and infamously famous Handlebars Saloon and its historic building located in the heart of downtown Silverton is available for sale for the first time! Walking through the front doors at Handlebars is like taking a step back in time as you're greeted with the friendliest staff this side of the Animas. The building was built in 1905 but fully remodeled in 2019 including full new roof and large solar farm on the roof that provides additional income. The building is 5000 square feet which includes a dining loft and full basement that are not included in that square footage count. Upstairs you'll find 4 comfortable studio apartments with full kitchens and shared laundry area, these are in high demand and rented year round to staff of the restaurant which operates May - Oct and then with Silverton Mountain Staff. Vacation rentals would be a use by right in this zoning as well. Next to the gorgeous stone building is a full vacant lot currently used for outdoor patio seating and staging, it is also zoned commercial and lodging (what we call Business pedestrian) so has HUGE opportunity for expansion including more lodging, more dining, retail, live / work .... this is the opportunity to live the Colorado Mountain Lifestyle dream offered at well below replacement cost, this opportunity is not to be missed! * 4 apartment units on the top floor * Restaurant space on the main and basement * Restaurant business, Handlebars Saloon, grossing on average over $1.27m annually each summer May - Oct * Solar farm on roof * A fully vacant side lot also zoned commercial currently used for outdoor seating but has so much potential in its own right! 2019 Full to the studs Rebuild includes: * Sprinkler system *2 large walk in coolers *1 large walk in freezer * 400 amp power * Solar farm on roof * In floor heating on first floor. * All FF&E included in sale, current owners open to train during transition, staff are dedicated and willing to stay. Silverton, CO is an IRS designated economic Opportunity Zone.
Exterior Features

Carport No Lot Dimension (2) 25'X100' Stories 3 Water Well No Waterfront YN No

Interior Features

Basement Sq Ft 2119 Finished Sq Ft 6431 Furn Fixt Equip All Ff&E For Restaurant Main Sq Ft 2178 One Quarter Baths 3 Total Offices 0 Upper Sq Ft 2119

Property Features

Books Available Yes Cam No Covenants No Current Business Handlebars Food & Saloon Current Use RestaurantMixed UseSaloon Enterprise Zone Yes Exchange Trade No Fixtures Included Yes Gross Scheduled Income 1277000 Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use Convenience StoreGeneral OfficeLodgingManufacturingMixed-UseMulti-Flex/R &Amp; DRestaurantRetail StorefrontWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Taxes 5605.96 Type Multi-Use W/Res Variable Rate No Water Rights No

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-10-04T15:56:47.78.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Silverton Realty, Inc.: 970-387-8808.